P-NG Planters
p. 151 · Read in the full issue
Christmas Box for P-NG Planters
The Papua-New Guinea Copra Marketing Board announced early November that in view of the continued rise in the price of copra, the Board would raise , the tentative price by £3 per ton all round. The new prices will be: Hot air dried, £AS3; FMS, £AS2; Smoke dried, £5l/7/6 per ton. (Prices paid at the Kabakaul sub-depot, will, as usual, be 17/6 less than de- I liveries to main ports).
The first tentative price was declared on January 1, 1958, and I adjusted upwards by £3 per ton in August. This is the second adjustment, and the price will apply to whole period, and mean a back payment of a consider able sum.
When the tentative price was ' raised in August, a back pay ment of around £A150,000 was made. It will, of coures, be more this time. The Board aims to make it during December.